This property might be a fair Mid-Term investment with a projected 7.68% first-year return on $60,189 initial cash invested.
7.68%
Cash On Cash
9.51%
Cap Rate
1.44
DSCR
$2,571
Rent
$385
Cashflow
Cash Flow
$2,571 income − $2,186 expenses = $385 cash flow
Investment Breakdown
|
Purchase Price
$201k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,189
Downpayment
20%
$40,180
Closing costs
1%
$2,009
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,571
Total Expenses
$2,186
Mortgage P&I
43%
$1,104
Property Taxes
5%
$133
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$309
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$283